OSK Property sees higher earnings


KUALA LUMPUR: OSK Property Holdings Bhd (OSK Property) executive director Tan Sri Ong Leong Huat expects the company to have a significant increase in earnings for the financial years ending Dec 31, 2012 (FY12) until FY14 from unbilled sales worth RM800mil.

The RM800mil unbilled sales are contributed by eight concurrent projects. “These unbilled sales can be realised over the next two to three years,” he said, adding that the eight projects had a gross development value (GDV) of RM5bil.

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